Please let me know whether a person can have multiple Recognised Provident Fund Accounts as per PF Act ?
In other words, can a person go on opening PF accounts with new employer every time he switches jobs, WITHOUT transfering the old PF balance or WITHOUT withdrawing the amount from his old PF account?
NO
The person has to resume his old PF account with new employer.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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CAclubindia
